Daniel G. Walsh is a partner based in Akin Gump’s London office and a member of the firm’s management committee. Mr. Walsh’s practice focuses on international mergers and acquisitions and capital markets transactions, with a particular emphasis on emerging markets.
Mr. Walsh has considerable experience in international and U.S. domestic acquisition, joint venture and private equity transactions. He has represented both acquirors/investors and their targets/investees in connection with acquisitions and investments in various countries throughout Europe, Russia and the CIS, Africa, Asia and the United States, and in various industries, including telecommunications, technology, mining and manufacturing.
Mr. Walsh also has considerable experience in public and private international and U.S. equity and debt offerings. He has represented both issuers and underwriters in equity and debt offerings in countries including Russia, Korea, Pakistan, Sweden, The Netherlands and the United States. The issuers in these transactions operated in various industries, including telecommunications, oil and gas, technology, manufacturing and biotechnology.
Mr. Walsh’s experience in mergers and acquisitions transactions includes, among other matters, advising:
- VimpelCom Ltd., one of the world’s largest mobile telecommunications companies, in its $27.5 billion acquisition of Wind Telecom, comprising mobile communications assets in Italy, Pakistan, Bangladesh, Canada and North and Sub-Saharan Africa
- Mubadala Development Company, the Abu Dhabi-based strategic development and investment company, in its $100 million investment into funds managed by Verno Capital, a specialist fund manager in the capital markets of Russia and the CIS
- AO VimpelCom, Russia’s third-largest mobile telecommunications company, in connection with VimpelCom Ltd.’s $30 billion exchange offer for AO VimpelCom and its business combination with CJSC Kiyvstar G.S.M., a Ukrainian telecommunications company
- AO VimpelCom in its successful $4.3 billion public tender offer for Golden Telecom, Inc., a NASDAQ-listed provider of fixed line telephony and broadband Internet services in Russia and the CIS
- AO VimpelCom in its $340 million sale of a strategic stake to Alfa Group and Telenor ASA
- a LSE-listed UK airport services company in the $155 million disposition of its U.S. subsidiary to a Swiss airline group
- a U.S. private equity fund in connection with its participation in the $540 million leveraged buyout of a leading U.S. Spanish-language television network
- a NYSE-listed U.S. glass packaging company in its acquisitions of Finnish and Polish glass manufacturers.
Mr. Walsh’s experience in capital markets transactions includes, among other matters, advising—
- VimpelCom in numerous Rule 144A/Regulation S loan participation note offerings
- a Swedish oil refiner in its Rule 144A/Regulation S offering of €100 million of subordinated notes
- the lead underwriter in the U.S. registered global offering by South Korea’s national telephone operator, of American Depositary Shares on the NYSE
- the lead underwriter in two U.S. registered global offerings by a Dutch computer chip manufacturer, of ordinary shares on NASDAQ
- a Swedish industrial group in its Rule 144A/Regulation S global equity offering of ordinary shares
- a Pakistani fibre manufacturer and the underwriters in the Rule 144A/Regulation S offering of convertible bonds.
In recognition of a transaction—VimpelCom Ltd.’s $27.5 billion acquisition of Wind Telecom—that Mr. Walsh led, the London office was awarded both Corporate Team of the Year at the Legal Business Awards 2012 and the 2011 Financial Times Innovative Lawyers Award for Legal Innovation in Emerging Markets for its representation of VimpelCom.
Mr. Walsh is recommended by Legal 500 within M&A: US law capability. Chambers UK ranks Mr. Walsh in the Foreign Experts Spotlight Table, stating “Sources feel they can take Daniel Walsh ‘directly to the board level in addressing issues.’ He is singled out for his understanding of the Russian market, an impression that was reinforced recently through his work for Russian telecoms provider Vimpelcom.” Chambers Europe ranks Mr. Walsh as a ‘Key Individual’ for the firm within Corporate/M&A: Russia.
Mr. Walsh received his B.A. cum laude in 1988 and his J.D. with honors in 1991 from Columbia University. He is a member of the New York Bar.